Replies to post #1799 on Deep Blue Marine (DPBE)

[gottalottamoney]

re: "No MM is shorting Deepblue. Its 100%(DILUTION) the company is pouring shares into the float daily..." > if that is true, then someone needs to be fired. that is NOT the way to sell this stock. it should be rising dimes and falling nickels. someone would need to be fired.

[yardboy]

I agree CAPT... Wilf MUST STOP!!! Below .02 IMO and us longs will NEVER see .10 without a R/S. Wilf is killing us. STOP and let the PPS creap up to a decent figure then sell a few for more. GD!

[Gregory_]

I think Wilf said recently he raised about $650,000 in stock this year. At 2.2 cents a share, that's about 29,545,454 shares of stock. I'm fairly certain the maximum they can raise on 504D is 1,000,000 dollars. Therefore, they have $350,000 to go before they meet their maximum for the year. This means, at 2.2 cents a share on average, they will still sell around 15,909,090 shares. At ~1.5 million shares a day, if the company IS selling stock, it will have to end soon.

Seems to jive? Am I missing something? :) If the above is correct and the problem is DPBM selling, we should start to see an increase in price fairly soon.